MBH Mortgage Bank Co. Plc.
BBUD:TAKAREKJZB400.00
HUF
+10.00
(+2.56%)
ISIN
HU0000078175
Return %
Stock
S&P 500
1Y
-49.75
14.20
3Y
-9.09
81.12
5Y
- -
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Semi-annual Revenue
FRC
•
in mil. unless spec.Semi-annual Earnings Per Share
FRC
•
in mil. unless spec.Semi-annual Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Gyula László Nagy
- Full Time Employees
- 17
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Budapest Hungary
- IPO Date
- Nov 24, 2003
- Website
- mbhmortgagebank.hu
- Similar Companies
- Business
- MBH Mortgage Bank Co. Plc. (MBH Jelzálogbank Nyrt.) is a Hungary-based specialized financial institution that operates as a mortgage credit and refinancing bank. The company specializes in the issuance of covered mortgage bonds, the refinancing of mortgage loans originated by partner financial institutions, and real estate financing solutions across Hungary. It operates primarily through two business segments: Refinancing and Mortgage Lending, and Treasury and Capital Markets. The company's core products and services include: the issuance and placement of public and private mortgage covered bonds (jelzáloglevél), including fixed-rate, floating-rate, and certified green mortgage bonds; the provision of refinancing loans to commercial banks, cooperative financial institutions, and banking partners backed by residential and commercial mortgage collateral; the acquisition and management of independent mortgage liens; retail residential mortgage financing, home renovation lending, and commercial real estate loan facilities; real estate collateral valuation, registry administration, and loan portfolio management services; and treasury operations, liquidity management, and interbank money market transactions. Founded in 1997 and headquartered in Budapest, Hungary, the company operates as a specialized subsidiary of MBH Bank Nyrt., one of the largest commercial banking groups in Hungary. In recent developments, the company underwent a comprehensive corporate rebranding and operational restructuring, officially changing its name from Takarék Jelzálogbank Nyrt. (Takarék Mortgage Bank Co. Plc.) to MBH Mortgage Bank Co. Plc. following the landmark banking merger that formed MBH Bank. Under this unified corporate structure, the institution solidified its strategic role as the dedicated mortgage refinancing and covered bond issuance hub for the broader MBH Bank Group and independent partner banks. In addition, the bank expanded its sustainable finance program by enhancing its Green Mortgage Bond Framework and executing regular green covered bond issuances on the Budapest Stock Exchange to fund energy-efficient residential developments and green real estate projects in alignment with the Central Bank of Hungary's Green Covered Bond Programme and European ESG standards.